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Dave Flessner

Stories by Dave

Comdata Network Inc., overbilled the Tennessee Valley Authority by more than $1 million with duplicate invoices and charges on credit cards used by TVA employees to buy fuel over a 21-month period, a TVA audit shows.

Nick Clements left a top banking job in London last year to start a new online business in the United States.

Construction has begun on a $100 million luxury vinyl tile and plank plant in Dalton, Ga.

The Little Caesars' empire expanded this week into the Highway 58 area with the addition of the 17th franchised pizza delivery outlet for Chattanooga franchisees Tom and Karol Getz.

The number of home loans made this year could drop by up to 30 percent as borrowers worry about tighter lending standards and higher interest rates.

In its biggest expansion since the company was spun off from Chattem Inc., nearly two decades ago, Chattem Chemicals will build a fifth building on its St. Elmo campus this summer to boost production of the active pharmaceutical ingredients it makes for both consumer and industrial markets.

Chattanooga eyes innovation districts for future growth

Study says such downtown zones are changing economic growth

Innovation districts like what Chattanooga Mayor Andy Berke has proposed for downtown Chattanooga are turning many metropolitan cities into tech magnets for more open and collaborative research, according to a Brookings Institution study released today.

A decade after military planners began its design, the largest construction project in Tennessee is starting over with a new and different layout.

Selling TVA wouldn't yield much for American taxpayers, but it could prove costly for Tennessee Valley residents and the region's economy and environment, according to an outside financial review of America's biggest government utility.

TVA should not be sold, study concludes

Analysts reject Obama call to privatize TVA

Selling TVA wouldn’t do much, if anything, to limit the federal debt, but it could push electric rates higher in the Tennessee Valley, according to an outside financial review of the America’s biggest government utility.

In a sweeping initiative to curb pollutants blamed for global warming, the Obama administration unveiled a plan Monday aimed at cutting carbon dioxide emissions from power plants by nearly a third by 2030.

America's oldest tailored suit maker should soon have a new owner after five generations in the Hardwick family.

Hardwick Clothes rejects last minute rival offer

Cleveland payday lender Allan Jones set to buy bankrupt company

A last minute bid for America’s oldest suit maker isn’t the right fit and was rejected over the weekend.

The Tennessee Valley Authority is already on pace to reduce carbon emissions from its coal-fired power plants enough to cut greenhouse gases by 40 percent by 2030 from the 2005 levels.

Tyson Foods, Inc. today announced that it proposes to acquire The Hillshire Brands Co. for $6.8 billion, or $50 per share in cash.

Jersey Mike's Subs, a new franchised submarine sandwich shop entering the Chattanooga market, will open the first of at least three new restaurants planned in Chattanooga next week.

The U.S. Consumer Financial Protection Bureau ripped into the largest real estate firm in Alabama on Wednesday amid allegations that the company gave illegal kickbacks to a sister business.

Jersey Mike’s Subs, a new franchised submarine sandwich shop entering the Chattanooga market, will open the first of at least three new restaurants planned for Chattanooga in the next year.

First Tennessee Bank said today it will buy 13 branches and four remote automatic teller machines from Bank of America in Middle and East Tennessee.

Despite its initial failure in the market, officials with The Melting Pot said today they want to return the fondue restaurant chain to Chattanooga with a new franchisee.

The parent company of Chattanooga's Coca-Cola bottling company has bought the Scottsboro Coca-Cola Bottling Co., in Northeast Alabama and will merge the Scottsboro operation into the newly created Tennessee Valley division of Coca-Cola United.

Chattanooga Realtors sold 8.9 percent fewer homes in the first four months of 2014 than they did a year ago, although the median price of those homes that did sell was up by 7.7 percent.

Unemployment fell across the Chattanooga region last month to the lowest level in six years as the economy continued to rebound from the worst recession since before World War II.

To drive from the Pacific coast in Monterey to Berkeley in California takes about three hours, but the entire trip is within the famed Silicon Valley — arguably America's most fertile territory for tech startup businesses.

Good news: the Senate Banking Committee voted last week to approve a compromise plan to reform the dysfunctional mortgage market. Bad news: the bill won't see the light of day in this Congress.

Unum Group may be the world's biggest disability insurer, but CEO Tom Watjen still sees plenty of room for growth by the Chattanooga-based company.

WASHINGTON — The House passed the closest thing so far this year to an infrastructure bill — a $12.3 billion, bipartisan measure authorizing 34 water projects, including a new funding formula that should speed completion of the Chickamauga Lock in Chattanooga and deepen the Port of Savannah in Georgia.

Unum Group may be the world's biggest disability insurer, but CEO Tom Watjen still sees plenty of opportunity for growth.

Construction on the stalled Chickamauga Lock in Chattanooga could be revived next year under a sweeping new plan for water projects set for a vote in the U.S. House today.

The improving economy is helping cut what employers in Georgia and Tennessee pay per employee to fund the states' unemployment insurance programs.

Georgia has repaid nearly $1 billion the state borrowed from the federal government in 2009 to shore up its depleted unemployment insurance fund, Gov. Nathan Deal said today.

Huntville, Ala., attorney Joe Ritch today becomes the first chairman in TVA's 81-year history who lives in Alabama.

Unemployment in Tennessee fell to the lowest level in nearly six years last month and, for the first time since 2011, matched the national jobless rate.

Georgia added 41,300 jobs during April. But with a rising workforce sparked by the improving economy, the jobless rate in Georgia last month remained unchanged from March at 7 percent.

Nathan Torgerson rushed through six home closings during the final week in April to close out the busiest sales month since the 24-year-old Realtor started selling homes three years ago.

TVA could tap into the abundant wind energy of the Great Plains to help power the Tennessee Valley with carbon-free electricity if the federal utility agrees to support one of America's biggest direct-current transmission lines.

The Dixie Group, Inc. announced today that it has priced a public offering of 2.5 million shares of its stock to yield the company $26.6 million.

Two Tennessee Republicans in Congress are questioning a proposed $2 billion project that would bring wind energy from the Great Plains to power users in the Tennessee Valley.

Eleven startup companies converged on Chattanooga Monday for the start of a 12-week accelerator program to turn tech ideas into viable, growing businesses.

The Tennessee Valley Authority is blaming vegetation growth along a 161,000-volt line on Williams Island for at least two power interruptions today that cut off power to about 32,000 homes and businesses.

For the Tennessee Valley Authority, every inch of rain is worth more than $10 million.

The third largest flour milling company in America will be headquartered in Chattanooga with a new corporate name following the merger Monday of Cereal Food Processors into Milner Milling Inc.

The Georgia Department of Labor announced today it will is trying to help Shaw Industries Group recruit 20 commercial truck drivers for the company's expanding operations in Dalton.

The Dixie Group announced today it will issue another 2.5 million share of stock to raise more than $30 million, in part, to help pay for its recent $17.5 million purchase of Atlas Carpet Mills.

Tennessee's biggest health insurer helped insure its own financial health last year by rolling up record profits.

Mike Ford can only fit 20 patrons at a time in his little log cabin restaurant in the middle of the parking lot at the Ridgewood Village shopping plaza in East Ridge.

One of Chattanooga's oldest skyscrapers has a new owner.

For the tenth year in a row, CEOs rated Texas as the No. 1 state in which to do business, according to Chief Executive magazine's annual Best & Worst States for Business survey released today.

As TVA stokes its power plants with less coal, the federal utility is looking at generating more power from natural gas and building co-generation plants with local manufacturers.

The Tennessee Valley Authority restarted its newest reactor at the Browns Ferry Nuclear Plant today after correcting a power problem that temporarily idled two recirculation pumps on Tuesday.

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